The scars of the 2008 global financial crisis and the festering wounds of the ongoing European debt crisis seem to have obscured one simple textbook truth.
With the recent changes in the Georgian government, the Partnership Fund has received renewed attention. The fund is now headed by two political heavyweights, the former Prime Minister, Nika Gilauri, and the former Minister of Finance, Dima Gvindadze.
Competitiveness is an elusive term that can mean different things to different people. Moreover, there is no consensus on how a country can become competitive.
A new study by the ISET Policy Institute has interesting insights into Georgia’s growth performance.
Anyone who has seen an old American classic “Best Years of Our Lives” (1946) probably remembers the scene where one of the protagonists, Al Stephenson, a banker who just returned from the war in the Pacific, tells his incredulous colleagues: “Our bank is alive. It’s generous.